Libya's state-run National Oil Co. plans to acquire an up-to 10% stake in Italian oil and gas...

|By:, SA News Editor

Libya's state-run National Oil Co. plans to acquire an up-to 10% stake in Italian oil and gas company Eni (ENI), and might seek a spot on its board. The cash-rich former Italian colony plans to use the downturn to build stakes in Italy's top firms.